Winslow Evans & Crocker Inc. reduced its stake in shares of Digital Realty Trust, Inc. (NYSE:DLR) by 0.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,708 shares of the real estate investment trust’s stock after selling 2 shares during the period. Winslow Evans & Crocker Inc.’s holdings in Digital Realty Trust were worth $306,000 at the end of the most recent reporting period.
Several other large investors also recently added to or reduced their stakes in DLR. Ledyard National Bank boosted its position in shares of Digital Realty Trust by 15.9% in the first quarter. Ledyard National Bank now owns 1,095 shares of the real estate investment trust’s stock worth $116,000 after buying an additional 150 shares in the last quarter. Muzinich & Co. Inc. boosted its position in shares of Digital Realty Trust by 37.1% in the first quarter. Muzinich & Co. Inc. now owns 1,414 shares of the real estate investment trust’s stock worth $150,000 after buying an additional 383 shares in the last quarter. Westside Investment Management Inc. acquired a new position in shares of Digital Realty Trust during the first quarter worth approximately $160,000. AXA acquired a new position in shares of Digital Realty Trust during the first quarter worth approximately $200,000. Finally, Exane Derivatives boosted its position in shares of Digital Realty Trust by 157.3% in the first quarter. Exane Derivatives now owns 1,909 shares of the real estate investment trust’s stock worth $203,000 after buying an additional 1,167 shares in the last quarter.
Digital Realty Trust, Inc. (DLR) opened at 112.20 on Monday. The stock’s 50 day moving average is $116.89 and its 200-day moving average is $108.44. The company has a market capitalization of $17.93 billion, a PE ratio of 48.32 and a beta of -0.02. Digital Realty Trust, Inc. has a 12 month low of $85.63 and a 12 month high of $121.53.
Digital Realty Trust (NYSE:DLR) last posted its quarterly earnings data on Thursday, April 27th. The real estate investment trust reported $1.50 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.47 by $0.03. Digital Realty Trust had a net margin of 20.48% and a return on equity of 12.14%. The company had revenue of $550.60 million during the quarter, compared to analysts’ expectations of $552.59 million. During the same period in the prior year, the company posted $1.42 earnings per share. Digital Realty Trust’s revenue for the quarter was up 9.2% compared to the same quarter last year. On average, analysts expect that Digital Realty Trust, Inc. will post $1.61 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 30th. Stockholders of record on Thursday, June 15th were given a dividend of $0.93 per share. This represents a $3.72 annualized dividend and a dividend yield of 3.32%. The ex-dividend date of this dividend was Tuesday, June 13th. Digital Realty Trust’s dividend payout ratio (DPR) is presently 158.97%.
DLR has been the subject of a number of analyst reports. Royal Bank Of Canada restated a “buy” rating and set a $120.00 price target on shares of Digital Realty Trust in a research note on Friday, March 24th. Macquarie reaffirmed a “neutral” rating and set a $105.00 price objective on shares of Digital Realty Trust in a report on Thursday, April 6th. Barclays PLC reaffirmed an “overweight” rating and set a $123.00 price objective (up previously from $120.00) on shares of Digital Realty Trust in a report on Wednesday, April 19th. Stifel Nicolaus reaffirmed a “hold” rating on shares of Digital Realty Trust in a report on Tuesday, April 25th. Finally, Deutsche Bank AG raised their price objective on shares of Digital Realty Trust from $105.00 to $109.00 and gave the stock a “hold” rating in a report on Friday, April 28th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $116.29.
In other news, SVP Joshua A. Mills sold 9,211 shares of the stock in a transaction on Tuesday, June 6th. The shares were sold at an average price of $120.00, for a total transaction of $1,105,320.00. Following the completion of the sale, the senior vice president now directly owns 13,377 shares in the company, valued at $1,605,240. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 0.40% of the company’s stock.
Digital Realty Trust Company Profile
Digital Realty Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of owning, acquiring, developing and operating data centers. The Company is focused on providing data center and colocation solutions for domestic and international tenants across a range of industry verticals ranging from financial services, cloud and information technology services, to manufacturing, energy, healthcare and consumer products.
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